Over the past year Company "X" experienced the following : raised $150,000 by issuing new...
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Accounting
Over the past year Company "X" experienced the following : raised $150,000 by issuing new common shares : had a net income of $200,000 ; bought $ 600,000 of new equipment ; had depreciation of $50,000 ; reduced inventories by $100,000 borrowed $ 110,000 from the bank ; sold old equipment for $ 40,000 . For the year, Company X raised from Financing Activities how much amount of cash?
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